| ebags99@yahoo.com | 303-589-4970 |
Limited Time: For Sale - Private Common Shares * |
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![]() eBags Inc: Private Common Shares Available for this well known pre- IPO eCommerce Company |
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*The above does not constitute an offer to the General Public, and should not be construed as such. Available Shares are restricted to "Accredited Investors" as defined by the Securities and Exchange Commission. This site has no connection in any manner to the Company, eBags Inc., its Officers, Employees, or Directors. Likewise, this offer is not connected in any way with the Company, its Officers, Employees, or Directors. All comments on this site are the opinion of the owner, and DO NOT represent the opinions of eBags, it's Officers, Employees, or Directors. |
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| Wikipedia | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
From Wikipedia:
eBags.com, a division of eBags, Inc., is an American electronic commerce company founded in 1998. Based in Greenwood Village, Colorado, the company has a European office in Cambridge, UK. The primary purpose of eBags.com is to be an online retailer of handbags, backpacks, business cases, urban bags, luggage, and travel accessories. eBags.com represents more than 650 brands. In addition, eBags Inc. operates e-commerce websites for such partners as Tumi.com and CaseLogic.com.
HistoryThe website launched on March 1, 1999 with seven brands including Samsonite, JanSport, and Skyway Luggage. The focus was primarily on luggage due to the backgrounds of the founders. While eBags' growth rate (CAGR) was 42% from the summer of 1999 through summer 2005, three events caused eBags cash to dip below USD$700,000. Those events were:
eBags.com TV spot produced by Collaborate[1] in 1999
In 1999, the company hired San Francisco-based Collaborate to create and test traditional TV, radio and print advertising using celebrities including Reggie Jackson, Gabrielle Reece and Francis Ford Coppola. But, after seeing little change in product demand from test markets, the traditional advertising efforts were tabled After experiencing very rapid growth, September 11, specifically, caused eBags' luggage sales to slow to 2% growth for the next six months. During the 18 months following 9/11, more than 500 competing brick & mortar luggage specialty stores—most importantly, those operated by Bentleys and El Portal—closed. Another 200 closed in Germany. To recharge the growth, eBags diversified more into handbags and purses, business cases, sport bags and backpacks. This allowed the company to rely on more daily use brands like Kathy Van Zeeland, Tignanello, Perlina, Stone Mountain and Eastpak. From the beginning, eBags drop-shipped most products direct from manufacturers to consumers. This reduced the company's inventory risk, which could have been substantial as sales slowed after the dot-bomb. Over the years, eBags expanded its brand representation to more than 600 total, in the United States and in Europe. Part of the most recent expansion has been the focus on "on-the-streets" or boutique handbag designers. eBags features about 300 handbag designers, from popular ones like Kate Spade, Cole Haan and Rafe to trendy boutique designers like Babee D, Maruca and Linea Pelle. Timeline
FoundersFive people founded eBags in the late spring of 1998. Four of them worked for Samsonite prior to starting eBags. Collectively, they—Jon Nordmark, Peter Cobb, Frank Steed and Andy Youngs—worked more than 50 years at Samsonite, which was headquartered in Denver from 1910 through 1997. Eliot Cobb worked as VP of finance at Music Warehouse. For Samsonite, Jon Nordmark lead development of luggage, duffel and backpack products while managing about 20 different distribution channels in North America. In 1997-8, he performed similar duties for Samsonite South America. Nordmark helped build hardside and softside products in Asia, Europe and the U.S. During his six years at Samsonite, Peter Cobb lead USA marketing for both Samsonite and American Tourister. This included marketing communications activities—often created in partnership with Chicago-based ad agency Leo Burnett—and new product development. Before that, Cobb developed golf bags for a Ben Hogan licensing company. Frank Steed was president of both Samsonite and American Tourister, USA. He served as Chairman of eBags, Inc. until the summer of 2001. The final founder to join eBags from Samsonite was Andy Youngs. At Samsonite he served in both marketing and sales capacities. Nordmark and Peter Cobb continue to work for eBags. Steed and Youngs left eBags during the downturn of the dot coms in the summer of 2001. Steed became president of a travel accessories company based in New York. Youngs joined Case Logic—a company that produces storage cases like PDA cases, iPod cases and CD cases—as their Vice President of Marketing.
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| Recent Press | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| TO SAVE GAS, SHOPPERS STAY HOME AND CLICK The New York Times, July 19, 2008 By STEPHANIE ROSENBLOOM Business To go shopping these days, more Americans are trading in their car keys for a keyboard. Online shopping is gaining at a time when simply filling up a gas tank to head to the mall can seem like a spending spree. One popular strategy for getting shoppers’ attention is offering free shipping, in contrast to many other businesses, like airlines, that are adding surcharges and other fees to offset their higher costs. The Web sites of Neiman Marcus, Saks, Nordstrom, Bloomingdale’s, Macy’s, Bon-Ton Stores, Aéropostale, American Eagle Outfitters, Target and Kmart were all offering a deal on shipping this week. “With gas being such an issue, we know that mall traffic is down more than off-mall traffic,” said Mike Boylson, chief marketing officer for J. C. Penney, which had an 8.7 percent increase in Internet sales in the first quarter of this year. But “do you really want to remind people how much it costs to fill up their tank?,” said Scott Silverman, executive director of Shop.org, a retail industry group. For some retailers the answer is yes. EBags.com, a purveyor of items like dainty clutches and backpacks, sent more than a million members an e-mail message late last month with an illustration of gas pumps set at various migraine-inducing prices. Then there was a pump that said “eBags.” It was set at $0. “Paying too much to get from here to there?” the accompanying text read. “Skip the mall. We’ll ship it to you for free.” |
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eBAGS.COM WINS 2008 WEBSITE OF THE YEAR DENVER, CO—(June 3, 2008) eBags.com—the world’s largest online retailer of handbags, luggage, backpacks and travel accessories —announced it won this year’s "Website of the Year" award at the 2008 Multichannel Merchant (MCM) Awards. In addition to winning the top MCM award, eBags.com also received the Gold Award in the Consumer Specialty Products (Web Channel) category. This is the fifth year the company has been recognized with “Website of the Year.” |
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If you have questions, or are interested in learning more, please send an email to ecobb1@comcast.net, or leave a message at 720-252-7745. |
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HANDBAG SALES UP 103%, DRIVING eBAGS.COM GROWTH Top Trends: Brights, Totes, Summer Clutches, and Prints, May 05, 2008 DENVER, CO —(May 5, 2008) – Fashion accessories continue to drive eBags.com growth, with April year-over-year handbag sales up 103%. The online retailer is experiencing phenomenal sales growth this spring from top brands such as Vera Bradley , Kathy Van Zeeland and The Sak. |
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eBAGS.COM ANNOUNCES ROBUST MARCH RESULTS WITH SALES UP 25% Handbags Drive Growth with 61% Increase, March 25, 2008 DENVER, CO—(March 25, 2008) – Despite a struggling economy, online retailer eBags.com announced the company ended fiscal March on a positive note with sales up 25% versus 2007. Specializing in bags across all fashion and travel categories, eBags’ handbag business led the growth with an increase of 61% in the past year-over-year. |
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| eBAGS.COM USES WEB 2.0 TO HELP FIGHT BREAST CANCER Online Retailer Raises Over $500,000 for Breast Cancer Research with Pick Pink Boutique & Social Media Community, October 15, 2007 DENVER, CO., October 17, 2007//- eBags.com is a leader among online retailers as it continues to embrace the power of Web 2.0 technology to raise awareness and enable customers to help fight breast cancer. eBags today launched an originally produced breast cancer awareness tribute video on the home page of eBags.com, as well as on YouTube.com. Since July 2004, eBags.com has donated $500,000 towards breast cancer research, education, screening and treatment. In addition to its latest cause-related video, the company is empowering customers to join in the fight against breast cancer by donating 10 percent of the retail price of each purchased pink product. |
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eBAGS.COM 70.3% GROWTH DRIVES RECORD CYBER MONDAY Online Retailer eBags.com Second Biggest Day in Company History Led By Handbags Growth of 107%, November 27, 2007 DENVER, CO--November 27, 2007// – Cyber Monday proves more than “just mythical hype” for Denver-based online retailer eBags.com, finishing the day with record company growth of 70.3% and an exceptional handbags category increase of 107% (versus 2006). This year’s Cyber Monday is the second biggest day in company history for eBags.com—the world’s largest online retailer of handbags, luggage, backpacks and travel accessories.
If you have questions, or are interested in learning more, please send an email to ebags99@yahoo.com, or leave a message at 303-589-4970. |
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